47% Will Pay No Federal Income Tax

[saden1]

Originally Posted by firstdown

F&ck Hillary. Someone needs to ask her about the family foundation she set up to avoid paying taxes. Its the same one she had to all of a sudden claim when she decided to run for president.

You're giving her flack for giving her money away to charity?

[firstdown]

Originally Posted by saden1

You're giving her flack for giving her money away to charity?

I'd have to dig around for the story but it was not set up for charity but more for a reason to avoid paying taxes. I have no problem with someone giving money to charity to have a tax write off but hiding the money in a foundation is more of a way to sheild money from paying taxes. The small % that is required to donate is chump change compared to the tax rate. I really don't really care what she does with her money but don't say the rich are not paying enough taxes when your hiding money from the IRS.

[saden1]

Originally Posted by firstdown

I'd have to dig around for the story but it was not set up for charity but more for a reason to avoid paying taxes. I have no problem with someone giving money to charity to have a tax write off but hiding the money in a foundation is more of a way to sheild money from paying taxes. The small % that is required to donate is chump change compared to the tax rate. I really don't really care what she does with her money but don't say the rich are not paying enough taxes when your hiding money from the IRS.

Rich people shelter and hide money, that's what the do... I guess she's a perfect example of the problem we face with rich-tax-cheats.